Trading, whether it be stocks, commodities, assets, or crypto, always seems out of reach. Platforms dedicated to helping people trade are set up to discourage new traders from trying out the industry.
It throws fancy terminology, graphs, statistics, and numbers that a beginner isn’t going to be able to make heads or tails of. It intimidates many new traders and, as a result, pushes them away and out of the industry.
We hate that, which is why we’ve developed The News Spy. The News Spy platform is a trading software designed with beginner traders in mind. The News Spy want to be the first steppingstone on your journey in the world of trading.
At The News Spy, we actively hide all of those charts that would be thrown in your face on other trading platforms. The information is there if you want it, but it’s no longer going to be front and center as soon as you go to sign up.
Our algorithms help take the difficult part out of trading so that you can focus on getting the fundamentals down.
The News Spy want to remove as many barriers to entry as possible. As a part of that endeavor, we’ve made the decision to remove all financial requirements associated with The News Spy. There are no signup costs, subscription fees, or other hidden charges that you need to worry about. The only funding you need to do is the initial deposit into your account.
We facilitate the trading of cryptocurrency, assets, commodities, CFDs, and more. You’re bound to find some form of trading that interests you on The News Spy.
While we offer a lot of different trading forms on The News Spy, there are two specific forms of trading that are great for beginners. These are cryptocurrency and commodities. Both of these can be traded, but each of them acts in a different manner.
Cryptocurrency trading is the new kid on the block in the trading world, and already it’s made quite the impression.
For all intent and purposes, you should view cryptocurrency like you would any other type of currency, such as the dollar or euro. Commodities trade similarly to cryptocurrency, despite being a little bit different in substance. Whereas crypto is a digital coin with no physical denomination of value, commodities are very much tangible items.
Things like gold, silver, coffee, tobacco, alcohol, and more are all considered commodities. When you trade commodities, you’re effectively buying and selling quantities of these items.
Making a choice as to what you want to invest in first is a big one. It’s possibly going to dictate the rest of your trading career, so it isn’t something to be done without any thought put into it.
While we recommend you try every form of trading at least once, commodities are likely going to be the most beginner-friendly. Trading cryptocurrency requires a little bit of technical knowledge that you might not have. While it takes no longer than 10 minutes to acquire that knowledge, you might not be interested in the technology at all.
In that case, trading commodities are going to suit you more. When you trade commodities, the entire process is simplified on account of you trading tangible goods. You don’t need any sort of technical know-how to realize that you’re buying X amount of gold.
As we said, The News Spy would advise you to dabble in all sorts of trading before you decide on the one you like. A diverse portfolio is a strong portfolio, so don’t pigeonhole yourself.
As a complete beginner, though, you should probably stay away from CFDs at least until you have a bit more experience under your belt. CFDs are very different from the other forms of trading we’ve talked about and more complicated. While you can jump in with CFDs straight away, be prepared to do some studying on what that actually entails.
Our aim with The News Spy was to make a trading platform that catered to an average person looking to get involved with training.
We’ve removed as many barriers for entry as possible, and thanks to our trading algorithm, that includes formal education, too. The News Spy want you to focus on nailing the fundamentals before you get into the technical stuff, so our system does the market research in your place. From there, all you have to do is trade, giving you the freedom to focus on the parts of your trading game that matters the most.
The first thing you need to do is register for an account. Fill in some basic paperwork, and one of our agents should have you up and running within hours of you submitting your account request.
Once you’ve been verified, you need to make an initial deposit into your account. This can be for as little or as much as you feel comfortable with.
That’s all there is to it. With your account activated and a funding base to work off of, you can start trading.
Over the years, The News Spy team has been asked a lot of questions by potential traders. While everyone has their own unique questions, some are more common than others. The News Spy team have compiled the most common questions that we get asked into a quick-reference FAQ section down below.
Nothing! The News Spy is a completely free service. We said that we wanted to remove as many barriers for entry as possible, and we meant that.
There are no signup fees for The News Spy, no subscription fees, no hidden charges or costs, either. Everything about the The News Spy platform is completely free for you to use.
The only time you’ve ever going to need some cash is when you’re making that initial funding deposit into your account.
You want to get up and running with The News Spy; we get it. Unfortunately, we do need to spend a little bit of time verifying your account once you signup.
Thankfully, though, we’ve streamlined this process as much as we possibly could. Whereas other trading platforms could take weeks to approve your account, the most we’re ever going to take is an hour or two.
In most cases, we’re going to have you trading much sooner than that.
That’s not something that anyone here at The News Spy can answer for you. Your decision to start trading depends solely on you, your circumstances, and your motivation.
You can start trading at any time; there are no pre-requisites that you need to fulfill before you can do that.
However, The News Spy would advise that you make sure you’re financially stable before you decide to invest.
If you find yourself living paycheck to paycheck, it’s not going to do you any good putting yourself at a bigger disadvantage by trading with money you can’t afford.